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say that would be one example of one of the smaller markets. of course the bricks, brazil, russia, india, china are still very much in our radar scope but if you look at some of the medium and smaller sized companies and countries you will see companies in thailand and thailand as a country very interesting. >> a lot of western technology firms build for instance disk drives in thailand. when thai experienced severe flooding those western companies got hit. what is attractive about thailand for long-term investors? >> it's mainly political to begin with. as you know they went through a lot of political turmoil. you had the red shirts, the yellow shirts, fighting on the streets of bangkok and so forth but they have a fufl foundation for political stability which is very good. and also they have a very diversified economy. >> we'll continue talking with mark mobius tomorrow, china's communist party selects a new set of leaders this week. we will talk about how this change in power could impact china's economic relationship with america, and american investors. >> reporter: i'm sylvi
. it has settled a long-running dispute with its partners in russia, and now it has put to rest the risk of a criminal trial in the united states. >> it's a record settlement. it's hard to say that admission of guilt and a $4.5 billion fine is a good thing for a company, but this could be the beginning of the end of this saga for b.p. >> reporter: b.p. is not done yet. it still faces up to $20 billion in civil fines. a trial in that case is scheduled to begin in february. darren gersh, nbr, washington. >> susie: joining us now, mitchell crusto. he's a law professor at loyola university in new orleans, and has been studying the b.p. case and the relationship between business and the environment. how important is today's set element -- settlement. >> this is the biggest story.no. we have more dollars at stake. >> in terms of how importantthil us a little more. it's a record settlement. but it does encompass quite a few different features. in addition to the felony charges there is the fec investigation and the resolution of that matter and that is a big deal. >> darren is saying it's notov
or brazil or russia. income inequality that statistics on income inequality now suggest that inequality is higher in the united states than it is in egypt. that's quite a journey from where we were when i was growing up. >> right now i think it's where we're seeing the kind of better fruit of winner-take-all politics because the financial crisis was not an act of god or work of nature. it was brought on by poor decisions that were made in washington and on wall street. yes, there's a global dimension of this but a big part of it was failures of domestic policy. if you look to our northern neighbor, canada, it had nothing like the same definition banking crisis as the united states did and that's partly because it had much more effective regulations of the financial sector. you know over this period that we saw leverage and speculation increasing on wall street, washington, both democrats and republicans, were trying as hard as they could to allow wall street to do even more. >> so winner-take-all politics has produced a winner-take-all economy, right? >> yes. >> yes. >> and the winners
in a fundamentally different world, a world ordered by china or russia or most likely nobody at all. so there's a lot at stake here in how our economy grows and develops. part of that is going to require pulling back from missions that are completely out of proportion like afghanistan. but it's also remembering one thing: we have one unique thing that the chinese and russians don't have. we can lead by emulation. the chinese have to buy people, the russians have to bludgeon people and when we get it right, when people see us as the greatest place to get an education, start a company and get a job the effect that has in expanding our power and influence is exponential. >> rose: where does american leadership express itself in terms of going beyond its own borders. david? >> first the old-fashioned truth is power does matter and military does matter. we'll have a military presence for that. dealing with iran is going to be the number one issue the next president faces. and then finally-- and i think this again-- the blurring between that policy is that we have a lot of countries around the world facing
, yeah. >> i mean, not like russia, the soviet union -- >> oh, it's -- >> not that blanket -- >> entirely different. it's most of the time the areas the government cares about, the internet, democratic protest or whatever, taiwan, tibet, they're all over. when it doesn't involve that, you know, you can basically do what you want. you start a business, et cetera. so we want them to allow their people to have more a sort of liberal, normal life, as times goes on, which i -- and the government it's a country becoming more confident with a government that's still sort of nervous antique. it's a dick cheney government with, if not a barack obama, an fdr type nation behind it. here's an illustration. before the olympics, the foreign ministry said, "we're going to have an authorized protest zone so that everybody can say," you know, the beijing olympics, four years ago, "we're going to show the world we can tolerate protest." when people applied to protest, they were all arrested. so there's parts of the government that say, "this would look good, to allow a protest." there's parts that say, "we
Search Results 0 to 4 of about 5